Middle East: Sawn Wood Market 2020

Sawn Wood Market Size in the Middle East

The revenue of the sawn wood market in the Middle East amounted to $X in 2018, shrinking by -X% against the previous year. In general, sawn wood consumption continues to indicate an abrupt deduction. The growth pace was the most rapid in 2017, when the market value increased by X% y-o-y. The level of sawn wood consumption peaked at $X in 2009; however, from 2010 to 2018, consumption remained at a lower figure.

Sawn Wood Production in the Middle East

In value terms, sawn wood production stood at $X in 2018 estimated in export prices. In general, sawn wood production continues to indicate a perceptible increase. The pace of growth was the most pronounced in 2008, when the output figure increased by X% year-to-year. In that year, sawn wood production reached its peak level of $X. From 2009 to 2018, sawn wood production growth remained at a lower figure.

Sawn Wood Exports

Exports in the Middle East

In 2018, exports of wood sawn or chipped lengthwise in the Middle East stood at X cubic meters, increasing by X% against the previous year. The total exports indicated a perceptible expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the sawn wood exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2017, with an increase of X% against the previous year. The volume of exports peaked at X cubic meters in 2009; however, from 2010 to 2018, exports failed to regain their momentum.

In value terms, sawn wood exports stood at $X in 2018. Overall, sawn wood exports continue to indicate a slight descent. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. The level of exports peaked at $X in 2008; however, from 2009 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, Oman (X cubic meters) was the key exporter for wood sawn or chipped lengthwise, achieving X% of total exports. It was distantly followed by Turkey (X cubic meters), mixing up X% share of total exports. The United Arab Emirates (X cubic meters) held a relatively small share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Oman (+X% per year), while the other leaders experienced a decline in the exports figures.

In value terms, Oman ($X), Turkey ($X) and the United Arab Emirates ($X) constituted the countries with the highest levels of exports in 2018, together comprising X% of total exports.

In terms of the main exporting countries, Oman experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The sawn wood export price in the Middle East stood at $X per thousand cubic meters in 2018, shrinking by -X% against the previous year. In general, the sawn wood export price continues to indicate a deep shrinkage. The most prominent rate of growth was recorded in 2010, when the export price increased by X% year-to-year. In that year, the export prices for wood sawn or chipped lengthwise reached their peak level of $X per thousand cubic meters. From 2011 to 2018, the growth in terms of the export prices for wood sawn or chipped lengthwise remained at a lower figure.

There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was the United Arab Emirates ($X per thousand cubic meters), while Oman ($X per thousand cubic meters) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Turkey, while the other leaders experienced a decline in the export price figures.

Sawn Wood Imports

Imports in the Middle East

In 2018, sawn wood imports in the Middle East stood at X cubic meters, picking up by X% against the previous year. Over the period under review, sawn wood imports, however, continue to indicate a deep descent. The pace of growth appeared the most rapid in 2016, when imports increased by X% y-o-y. The volume of imports peaked at X cubic meters in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, sawn wood imports amounted to $X in 2018. In general, sawn wood imports, however, continue to indicate a pronounced descent. The growth pace was the most rapid in 2010, when imports increased by X% y-o-y. Over the period under review, sawn wood imports attained their peak figure at $X in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

Imports by Country

Saudi Arabia represented the largest importing country with an import of about X cubic meters, which amounted to X% of total imports. Israel (X cubic meters) ranks second in terms of the total imports with a X% share, followed by the United Arab Emirates (X%) and Turkey (X%). The following importers - Iran (X cubic meters) and Iraq (X cubic meters) together made up X% of total imports.

Saudi Arabia was also the fastest growing in terms of the wood sawn or chipped lengthwise imports, with a CAGR of +X% from 2007 to 2018. At the same time, Israel (+X%) and Iran (+X%) displayed positive paces of growth. Iraq experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (-X%) and Turkey (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Turkey increased by X% percentage points, while Iran (-X%), Israel (-X%) and Saudi Arabia (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X), Israel ($X) and the United Arab Emirates ($X) appeared to be the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by Turkey, Iran and Iraq, which together accounted for a further X terms of the main importing countries, Iran recorded the highest rates of growth with regard to imports, over the last eleven year period, while the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The sawn wood import price in the Middle East stood at $X per cubic meter in 2018, coming down by -X% against the previous year. In general, the sawn wood import price, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2012, when the import price increased by X% year-to-year. Over the period under review, the import prices for wood sawn or chipped lengthwise attained their peak figure at $X per cubic meter in 2014; however, from 2015 to 2018, import prices remained at a lower figure.

There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was the United Arab Emirates ($X per cubic meter), while Saudi Arabia ($X per cubic meter) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Turkey, while the other leaders experienced a decline in the import price figures.

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Source: IndexBox Platform